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Appeals court to review approval of BP settlement

...started complaining that the judge and court-appointed claims administrator were misinterpreting it. The London-based oil giant is worried it could be forced to pay billions of dollars more for bogus or inflated claims by businesses.Plaintiffs...

http://chronicle.augusta.com/news/2013-11-03/appeals-court-review-approval-bp-se
Delta Air Lines buys refinery in bid to cut its fuel bill by $300 million

...Anderson. He said it's a "modest investment" comparable to buying one new large jet aircraft.ConocoPhillips and other oil giants are getting out of the refining business by spinning off or shutting down refineries because they haven't been consistently...

http://chronicle.augusta.com/news/business/2012-04-30/delta-air-lines-buys-refin
Business briefs

...12 counts of importing notebooks and filler paper from China using false documents.In other newsRUSSIAN STATE-OWNED oil giant Rosneft sealed a deal Monday to buy TNK-BP, the 50-50 joint venture between BP, the British energy country, and...

http://chronicle.augusta.com/news/business/2012-10-22/business-briefs
Business news

...Chevron Corp. was responsible for oil drilling contamination in a wide swath of Ecuador's northern jungle and ordered the oil giant to pay $8.6 billion in damages and cleanup costs.The amount was far below the $27.3 billion recommended by a court-appointed...

http://chronicle.augusta.com/news/business/biz-bits/2011-02-14/business-news
Biz Bits | Business
Some BP payouts don't go to cleanup

...gadgets and other gear, much of which had little to do with the cleanup, an Associated Press investigation shows.The oil giant poured hundreds of millions of dollars into Gulf Coast communities with few strings attached.In Ocean Springs, Miss...

http://chronicle.augusta.com/news/business/2011-04-11/some-bp-payouts-dont-go-cl
Business
Exxon, Shell profits plunge

Oil giants Exxon Mobil and Royal Dutch Shell on Thursday added to the industry's worst midyear showing in years, stung by slumping global...

http://chronicle.augusta.com/stories/2009/07/31/bus_542661.shtml
Business
BP expert absent long before spill

...before a House subcommittee. Despite Mr. Woollam's silence, lawmakers blasted other executives of the London-based oil giant Thursday for pipeline maintenance lapses and sought explanations for what might have caused the March discharge of more...

http://chronicle.augusta.com/stories/2006/09/09/bus_95954.shtml
Business
New BP CEO took unusual turns to top

...executives.Seen as an unlikely candidate just a few months ago, Dudley is set to become the first American to lead the oil giant in its century long history. Dudley will become CEO on Oct. 1 and try to salvage the company's reputation and investments...

http://chronicle.augusta.com/news/business/2010-07-27/new-bp-ceo-followed-unusua
Business
BP chief's gaffes make him a lightning rod

...how much he thought the spill would ultimately cost, or whether BP plans any change to its dividend. But the British oil giant is earning enough from other operations to cover both, he said.Some lawmakers have said it's not right for the company...

http://chronicle.augusta.com/news/business/2010-06-04/bp-chiefs-gaffes-make-him-
Business
Biz Bits

...quarter of 2008.Still, earnings remain significantly below that level. During the first three months of this year, the oil giant had a profit of $6.3 billion, or $1.33 per share. That's down from $4.55 billion, or 92 cents per share...

http://chronicle.augusta.com/news/business/2010-04-29/biz-bits
Business